Winning a court case and getting a settlement in Pennsylvania is a victory, but you may want to wait before celebrating. The reality is that this money may not all be yours to do with as you please. You may owe the government a nice chunk in taxes. There are specific...
Tax Issues
Careful planning can avoid tax issues in 2019
It may be too late for many Pennsylvania taxpayers to make a difference in their taxes for 2017, but this is the perfect time to prepare for next tax season. In light of the many new tax rules the federal government enacted last year, many are seeking advice...
Mega jackpot winners deal with heavy tax issues
It seems that very few windfalls come without strings attached. Those in Pennsylvania hoping to win the Mega Millions Jackpot or any other substantial lottery prize would be wise to take heed of this. Just like any payday, the winner of this massive prize will have to...
Reviewing withholdings may prevent tax issues
Many Pennsylvania residents were shocked this spring when they completed their tax returns and discovered they owed money to the IRS. Others may have filled out their forms fully aware that they would be paying taxes since they owe money every year. Some may have tax...
Tax issues related to taxable and untaxable income
For some, tax preparation is on their minds all year long. A Pennsylvania worker may have numerous sources of income, run a business or simply fear that again this year, he or she will owe hundreds or thousands more than anticipated. When these tax issues arise, it...
Will a private collector contact you over past due tax debt?
With the federal income tax filing deadline coming this week, there are a number of people who lament the reality that they will have to owe Uncle Sam money. For those in this unenviable situation, they might not just have the IRS to deal with in the event they don't...